PRECISION AIR SERVICES PLC (PAL) — FY 2014
Earnings report for PRECISION AIR SERVICES PLC (PAL) for FY 2014 (iliyotolewa 30 Dec 2014). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Group reported a net loss of TZS 12.06 billion for the year ended 31 March 2014, a significant reduction from TZS 30.15 billion in 2013.
- Group Revenue decreased to TZS 141.26 billion in 2014 from TZS 181.36 billion in 2013.
- Total Group assets stood at TZS 261.57 billion as at 31 March 2014.
- The Group carried 687,981 passengers during the year, a 23% drop from 895,654 in the prior year.
- The net debt ratio for the Group was 109.15% as at 31 March 2014.
- The number of employees in the Group decreased to 608 from 717 in 2013.